$575,000
SOLD AUG 21, 2025
7 Beds
3 Baths
2,225 Sq Ft
-- Built

Recently Sold

$258 Per Sq Ft

21% Above List Price

12 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 4-minute walk to Paterson

About This Home

As of August 2025

Incredible Investment Opportunity! Welcome to 26 Pearl Street — a spacious and updated 3-family home in the heart of Paterson! This turnkey property features three well-maintained units, each offering generous living space, separate utilities, and great natural light.
Unit 1: 2 bedrooms, 1 bathroom - currently rented for $1,700/month
Unit 2: 3 bedrooms, 1 bathroom - currently vacant
Unit 3: 2 bedrooms, 1 bathroom - currently rented for $1,575/month

Whether you're an investor seeking strong rental income or an owner-occupant looking to live in one unit while collecting rent from the others, this property is a rare find. Located near schools, public transportation, and major highways, it's ideal for commuting and convenience.
Don't miss out on this high-potential, cash-flowing asset!

Last Agent to Sell the Property

Joel Jeremias

Imperial Real Estate Agency License #1645960 Listed on: 06/25/2025

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,716

Home Design

  • 2,225 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Partially Finished Basement

Community Details

  • 3 Units
  • Dakota Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-04317-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,716

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: Dakota Park
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Other
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement:Partially Finished: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes

Lot Info

  • Parcel #: 08-04317-0000-00009

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2025
Closed on
Aug 8, 2025
Sold by
Jeremias Harry
Bought by
Guzman Tatis Francis
Seller's Agent
Joel Jeremias
Imperial Real Estate Agency
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$475,000
Sold Price
$575,000
Premium/Discount to List
$100,000
21.05%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-90.25%
Original Mortgage
$540,000
Outstanding Balance
$540,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$51,447

Purchase Details

Closed on
Nov 19, 2021
Sold by
Izaguirre Jesus
Bought by
Jeremias Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2020
Sold by
Perez Ricardo
Bought by
Izaguirre Jesus

Purchase Details

Closed on
Jun 8, 2006
Sold by
Chang Joseph A
Bought by
Santana Nuris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.71%

Purchase Details

Closed on
Oct 6, 1992
Bought by
Perez Ricardo
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $250,000 Madison Title Agency Llc
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Listed On Document
Deed $255,000 --
Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Previous Owner $253,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Sold $575,000 +21.1% $258 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
06/25/2025 06/25/25 For Sale $475,000 -- $213 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,716 $190,700 $14,900 $175,800
2024 $9,350 $190,700 $14,900 $175,800
2022 $8,852 $190,700 $14,900 $175,800
2021 $8,536 $190,700 $14,900 $175,800
2020 $7,962 $190,700 $14,900 $175,800
2019 $7,702 $186,300 $14,600 $171,700
2018 $7,160 $165,500 $14,600 $150,900
2017 $6,827 $164,100 $14,500 $149,600
2016 $7,528 $173,500 $15,300 $158,200
2015 $7,127 $173,500 $15,300 $158,200
2014 $8,665 $298,800 $150,300 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22518819

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-04317-0000-00009